Monthly Update7 April 2026 at 12:11 pm
LMW Ltd: Adi Narayana Family Trust Complies with SEBI Regulations
AI Summary
Adi Narayana Family Trust, a significant stakeholder in LMW Ltd, has complied with the Securities and Exchange Board of India (SEBI) regulations under Regulation 11(5) of The Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The trust, managed by RJC ASSOCIATES Chartered Accountants, has ensured compliance with the conditions laid down in the exemption order for the financial year ending 31st March 2026.
Key Highlights
- Adi Narayana Family Trust has complied with SEBI regulations for the financial year ending 31st March 2026.
- The trust has not transferred, assigned, or encumbered the beneficial interest of its beneficiaries in any manner.
- No changes have been made in the trustees, beneficiaries, or ownership of shares or voting rights held by the trust.
- The trust has complied with the provisions of the Companies Act,2013 in connection with the acquisition of shares of Lakshmi Technology and Engineering Industries Limited & Lakshmi Cargo Company Limited.
- The trust deed does not contain any limitation of liability of the trustees / beneficiaries in relation to the provisions of the SEBI Act and the regulations framed thereunder.